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Best Biuy uses the lower ol -cost oo -onel realizable value basis for its inventory. The following data are available at December 31 What anount

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Best Biuy uses the lower ol -cost oo -onel realizable value basis for its inventory. The following data are available at December 31 What anount showld be reported on Best Buy's financial statements, assuming the lower-of-cost-or-net realizable value rule is applied

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